Oil giant Shell posts small drop in third-quarter profit to $6 billion, beating expectations
SHELShell Global(SHEL) CNBC·2024-10-31 15:06

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. British oil giant Shell on Thursday posted stronger-than-expected third-quarter profit, partly owing to a sharp drop in crude prices and to lower refining margins. The energy company reported adjusted earnings of $6 billion for the July-September period, beating analyst expectations of $5.3 billion, according to estimates compiled by LSEG. Shell posted adjusted earnings of $6.3 billion in the second quar ...